$1,400,000
About this home
Unique investment opportunity with eminent potential! Two properties are being sold as a package, 49A Lowell Street (a separate and fully equipped restaurant) excellent for expansion with the possibility to add an additional floor. Parking Lot located on 48 Lowell St. approx. 0.25 Acres (10,938 sqft) with the potential for development. Buyer/buyer's Agent to perform your own due diligence.
Property details
- MLS #
- 73481204
- Property type
- Commercial Sale
- Subdivision
- N/A
- Status
- Active
- Days on market
- 221
- On market date
- March 1, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.32 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 346
- Student:teacher ratio
- 13.8:1
- District
- Peabody
- Enrollment
- 1,393
- Student:teacher ratio
- 13.8:1
- District
- Peabody
- Enrollment
- 803
- Student:teacher ratio
- 8.2:1
- District
- Salem
Walkability
Blended score for Peabody's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Peabody, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated March 5, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.